Ardian, a $150 billion private equity, real assets and credit manager, has signed an agreement to acquire 100% of European waste management and circular economy platform Attero.
Headquartered in Wilp, the Netherlands, Attero is a Dutch operator of energy-from-waste, plastics recycling, biomethane production, and inert mineral depository facilities, processing 3.6mt of waste from municipalities and businesses and generating more than 800 GWh of renewable electricity, equivalent to powering 300,000 homes, as well as 22m m3 of green gas.
Ardian plans to support Attero’s renewable energy expansion via significant capex investments into biomethane from organic waste and solar PV development on closed landfill sites. Attero will also accelerate its contribution to the decarbonization of Dutch industry through the development of carbon capture and storage facilities.
“We have been impressed by the operations and exceptional management team of Attero, a company that is a leader in waste management and circular economy solutions,” said Daniel Von Der Schulenburg, head of infrastructure, Germany, Benelux & Northern Europe at Ardian.
“This investment further demonstrates our strategy of supporting leading infrastructure businesses and further expanding our commitments in the Netherlands.”
